3 ms·
Blaming one specific part of a profit-centric health care system for being profit-centric seems a little silly
by notatoad 9y ago
Blaming one specific part of a profit-centric health care system for being profit-centric seems a little silly
- maxxxxx 9y agoThis is not about profit but about being opaque and dishonest in their business practices.
- mirimir 9y agoWell, some of us blame the whole thing. Why shouldn't healthcare be a government service? Why is that less appropriate than police and military? Or roads?
- brucephillips 9y agoThe same reason any industry benefits from being privatized: to incentive innovation. The antibiotics revolution would never have happened, at least not in America, had there not been a profit incentive. The other services you listed are less dependent on innovation.
- mirimir 9y agoOK, I get the dogma. But reality is more complicated. See https://www.pharmaceutical-journal.com/news-and-analysis/features/why-are-there-so-few-antibiotics-in-the-research-and-development-pipeline/11130209.article https://www.pharmaceutical-journal.com/news-and-analysis/fea...
- darkerside 9y agoYou can call it dogma. I think of it as a fundamental principle of human nature. Balancing creativity and efficiency effectively is quite the trick, and capitalism actually pulls it off. People and companies who take risks are the ones that thrive. Those that don't "fade away". It uses survivorship bias to our advantage. Fading away used to mean dying in the streets. Sometimes it still does, but much more rarely. It's a dearly paid price for the innovation that brought us the world as it is today.
- notatoad 9y agoi'm not sure if you're trying to argue with me about this, but i couldn't agree more.
- mirimir 9y agoI thought that I was, but I misunderstood your comment :)